Olney Daycare Renovation Nears Inspection Stage

A long-awaited Olney daycare project is nearing the inspection stage after hidden floor damage pushed the renovation over budget and delayed its anticipated opening.

Tom Parker, executive director of the Olney Economic Development Corporation, told the City Council Sept. 14 that work on the building totaled approximately $105,011, about $3,000 more than budgeted. Officials expect to bring a final amendment forward as they close the OEDC’s fiscal year.

The project had been expected to open around Sept. 1, but workers discovered substantial rot beneath the flooring. Replacing portions of the subfloor consumed additional time and money, Mr. Parker said.

To keep costs under control, officials retained some existing light fixtures and ceiling tiles rather than replacing everything originally considered. Electrical and air-conditioning work were nearing completion at the time of the Council meeting, along with exit signs and door hardware required for occupancy.

The building must pass a City occupancy inspection before undergoing a separate state inspection required for daycare operations. Preliminary reviews of the square footage, lighting and restroom facilities already had taken place, Mr. Parker said.

The operator hopes to open by Oct. 15 if the remaining work and inspections proceed as planned, he said.

The OEDC obtained the building for $1 but is using its appraised value, renovation costs and other investment to calculate a repayment arrangement. Officials said the completed project could represent an investment of approximately $250,000 to $260,000 and generate about $36,000 per year for six to eight years, Mr. Parker said.

The project is intended to expand daycare service in Olney while returning money to the OEDC for future economic-development work.